standish group

A new study report – free open source software is costing vendors $60 billion per annum. According to Jim Johnson, Chairman, The Standish Group International, Boston, MA :

Open Source software is raising havoc throughout the software market. It is the ultimate in disruptive technology, and while to it is only 6% of estimated trillion dollars IT budgeted annually, it represents a real loss of $60 billion in annual revenues to software companies.

This is good news as you and me just saved $60 Billion. I’m now wondering how this revenue is calculated? Anyway, FOSS software is for all of us and it is a win win situation – screw the proprietary software ;)